Kevin Goes to a Store to Purchase a Fully-Automatic Washing

question 25

Multiple Choice

Kevin goes to a store to purchase a fully-automatic washing machine.He browses through several models of washing machines but does not let the salesperson know that he wants a fully-automatic model.While signing the sales contract,he does not notice that the model he is purchasing is a semi-automatic machine.After purchase,which of the following options does Kyle have?

• A) Exchange the machine with a fully-automatic one and sue the store if it does not accept it.
• B) Demand a full cash refund from the store for fraud in concealment.
• C) Sue the store for its innocent misrepresentation.
• D) Keep the semi-automatic washing machine as he made a unilateral mistake.

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Definitions:

Capital Contribution

The money or other assets given to a company by its owners or shareholders to support its operations and growth.

Profits and Losses

A financial statement or section of a financial statement that shows a company's revenue, costs, and expenses over a specific period, indicating net profit or loss.

Limited Partnership

A form of partnership consisting of one or more general partners who manage the business and are personally liable for its debts, and one or more limited partners who invest capital but have limited liability and do not participate in management.

Unincorporated Business Association

A business entity where two or more persons come together for a commercial purpose without forming a corporation.